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The Malthouse Chadwick St 24,376 SF 100% Leased Office Building Leeds LS10 1LJ $7,088,390 CAD ($290.79 CAD/SF) 14.08% Cap Rate
Investment Highlights
- Strategically located in the South Bank of Leeds
- Fully refurbished former brewery building providing 24,376 sq ft of high quality office accommodation
- Passing rent of £570,000 per annum
- Excellent transport links with Leeds Rail Station
- Let to Intermarketing Group Limited until 19 December 2029
- EPC B (46)
Executive Summary
Fully refurbished former brewery building providing high quality office accommodation, seeking offers in excess of £3,800,000 with a net initial yield of 14.08% assuming standard purchaser's coast and a low capital value of £156 psf.
Property Facts
Sale Type
Investment
Property Type
Office
Tenure
Freehold
Building Size
24,376 SF
Building Class
B
Year Built
1865
Price
$7,088,390 CAD
Price Per SF
$290.79 CAD
Cap Rate
14.08%
NOI
$998,045 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
13,000 SF
Slab To Slab
11’
Building FAR
0.67
Lot Size
0.83 AC
Parking
72 Spaces (2.97 Spaces per 1,000 SF Leased)
Amenities
- Courtyard
- Security System
- Storage Space
- Air Conditioning
- Smoke Detector
- Raised Floor System
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The Malthouse | Chadwick St
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